Will this be costly

Alex104

Ive been gifted a big old landrover which is amazing for camping with kids etc. But im a city dweller and my current old mini is great for quick trips but terrible for camping/long drives. 
Is it feasible to keep both. Im the only driver so both policies in my name? Expensive? Can this be done? 

lincroft1710

Some insurers offer multicar policies, which may be cheaper.


As we do not know your income and current outgoings, no-one can advise if you can keep both vehicles. You would have 2 lots of vehicle excise duty, 2 lots of MOT costs, 2 lots of servicing as well as the insurance.

AdrianC

How old a Landy?

If it's a Series, then if/when it's over 40 you won't have to pay for tax (£0 "historic", but still needs to be go through the same hoops) and you won't need an MOT - but it must still be roadworthy at all times. Get it on a classic insurance policy, and it'll be cheap. But thieves love 'em...

If it's a Defender, then it's the one thing thieves love more than a Series...  Beware, too, urban low emission zones (over 40 should be exempt).

BOWFER

AdrianC said:

 you won't need an MOT - but it must still be roadworthy at all times. 

Would need a very honest owner to take it for regular checks in an MOT style to check for worn bushes, knackered brake lines etc.etc.
I'm aware a lot of classic car owners are enthusiasts and will maybe check themselves, but still seems open to abuse.

Alex104

Oh thanks everyone its a 2003 freelander. So not yet 40 years ha. My current car ... 19 years ncd. Could i get both on one insurance policy... or best get 2? 

AdrianC

You might get a multi-car policy or an insurer to offer you NCB mirroring as an intro offer, but don't guarantee it - and, no, no chance of a classic policy on that...

BOWFER

When I wanted to insure myself to drive our daughter's car, I had to take out a separate policy and it was far more costly than I thought it would be as any NCB I had didn't count.
So insuring myself in her (then) Kia Picanto was dearer than my own Polo Gti.

Ectophile

Alex104 said:

Oh thanks everyone its a 2003 freelander. So not yet 40 years ha. My current car ... 19 years ncd. Could i get both on one insurance policy... or best get 2? 

If it's still going, I expect it's a diesel.  If it is a petrol, keep an eye out for head gasket failures as they are very prone to them.  Freelanders can be expensive beasts to keep running at that age - I got rid of mine a couple of years ago as it had turned into a money pit.  Get the viscous coupling unit checked when it's serviced.  If it fails, it can wreck the transmission.

born_again

BOWFER said:

When I wanted to insure myself to drive our daughter's car, I had to take out a separate policy and it was far more costly than I thought it would be as any NCB I had didn't count.
So insuring myself in her (then) Kia Picanto was dearer than my own Polo Gti.

Why not just get yourself added as a additional driver. Rather than taking out a 2nd policy?

BOWFER

born_again said:

BOWFER said:

When I wanted to insure myself to drive our daughter's car, I had to take out a separate policy and it was far more costly than I thought it would be as any NCB I had didn't count.
So insuring myself in her (then) Kia Picanto was dearer than my own Polo Gti.

Why not just get yourself added as a additional driver. Rather than taking out a 2nd policy?

Because she didn't have her own insurance at that point, but I wanted to drive the car we had 'put aside' for her.